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PAXG

#PAXGBTC - Finally Rising After 30% DeclineWe bagged a huge Short trade recently with #PAXGOLD to make up for some null trades before-hand. Now we've got a Long signal from CTv2 coming off an historic support line. We'll be looking for 7% to reach first TP, 15% to second TP, and let the rest float on until reversal. _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
Long
by theCrypster
2
PAXGUSD - Tested & Broken Channel SupportPAX Gold has had a really healthy upward momentum for a couple of months, gaining well over 10% in the process; but now we have broken this clear channel on the underside. Are the bears coming for PAXG? Or could this be a quick fakeout before returning to channel? We have received a short signal from CTv2 which increases our suspicions of a bear market fast approaching. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:PAXGUSDShort
by theCrypster
16
Why PAXG has a downside spike but other GOLD charts don't?!?Hello, newbie here was looking to trade PAXG gold on bybit ( with bearish bias) but I noticed this huge liquidity spike to the down side, which I don't see on other non crypto related Gold charts. Does anyone have any ideas why this is? It has scared me off going short and now I am thinking to go long instead. So confused. Take a look at this: vs this! Please can someone explain this to me? I thought it PAXG was a gold peg, but the spike doesn't seem to show up on gold's other price charts? Or am I just being a dumbass? Uncle google cannot explain this to me. Here's to hoping someone with more experience can answer this burning question I have? Thank you!
CAPITALCOM:GOLD
by Jimbacca
#PAXGETH - Several Attempts at Breaking Out, Rejections!theCrypster - This current channel (or wedge) started forming around June '22 with a new HH - since this point we've been creating peaks and troughs all in alignment, resulting in numerous tests and rejections over the last 8 or 9 months. We've just received a Buy signal from CTv2 right on the lower support line which indicates a strong potential for rejection and the price making it's way back toward the upper half of this wedge. There should at least 20% in this long trade ✌️ If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
12
$PAXG/BTC 2D (#Binance) Ascending wedge on supportPaxos Gold suddenly pulled back to 100EMA and RSI looks oversold, a bounce seems likely. This is obviously due to Bitcoin recent recovery, let's hedge our Satoshi bag here! ⚡️⚡️ #PAXG/BTC ⚡️⚡️ Exchanges: KuCoin, Binance Signal Type: Regular (Long) Amount: 12.4% Current Price: 0.08973 Entry Targets: 1) 0.08915 Take-Profit Targets: 1) 0.09987 Stop Targets: 1) 0.08198 Published By: @Zblaba Risk/Reward= 1:1.5 Expected Profit= +12.0% Possible Loss= -8.0%
Long
by TradingOn
2
PAXGEUR - Broken through support with Strong Upward MovePAX Gold could be well on it's way to making between 5-10% gains in the coming days or weeks. We've just broken through some layers of descending resistance quite strongly - combine that with a nice level of support on the underside and a nice Buy signal from our Crypto Tipster v2 indicator and we could be looking at a high on PAXG we haven't seen for the best part of a year! If you enjoyed this idea, agree or indeed disagree - drop us a comment, like & follow! :)
Long
by theCrypster
2
PAXGBTC 'D' - Ranging market followed by a huge 50% RisePAXG looks like it's going to ranging within it's current area of consolidation for at least a few weeks, maybe even months - there's still a potential for plenty of smaller trades within this range, but we'd wait for the upward trend line to squeeze this area of consolidation to a point of breaking. With plenty of support on the underside and not much resistance above, combined with an upward facing trend line in which the price has bounced off numerous times historically, it looks to us that when the price does break, it'll break upward - with the next level of strong resistance being a huge 50% above the current trading price. Let's wait a couple of months and see what happens! What do you guys think?
Long
by theCrypster